$450,000
FOR SALE

Detached Bungalow

Bedrooms: 4+1Bathrooms: 2

101 Fraser Avenue
Fort McMurray, AB T9H 1Y9

Prime Downtown Multi-Use Commercial PropertyDiscover an exceptional opportunity with this versatile property, uniquely positioned in a high-traffic, high-visibility downtown location. Zoned for commercial use, this property currently features a residential house with both upstairs and basement suites, along with a double car detached garage. Ideal for entrepreneurial spirits, it offers a flexible setup that allows you to live on-site in the basement while operating your business on the main level, or alternatively, transform the property entirely to suit your vision.With existing tenants in place, this property generates cash flow from day one, making it a savvy investment while you plan for its future potential. Originally envisioned as part of a larger redevelopment project, individual lots are now available for entrepreneurs to create their own unique business spaces.The property’s prominent corner location is perfect for a range of service-based businesses—whether a nail salon, barber shop, boutique retail, or other ventures looking to capitalize on the visibility and traffic flow. This is more than just a location; it’s a foundation for building equity and growing your business footprint in a prime area.Highlights:•Zoning: Commercial on a residential structure•Location: High-traffic downtown corner with excellent visibility•Current Setup: Upstairs and basement suites, double detached garage•Investment Potential: Immediate cash flow from existing tenants•Ideal For: Retail, salon, barber shop, service-based businesses•Future Development: Opportunity to redevelop or remodel to enhance commercial useSeize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location. (id:47421)
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Listed By RE/MAX FORT MCMURRAY
Data Provided By Fort McMurray REALTORS®
MLS® Listing Number A2174816
Last Updated Dec 02, 2024
Property Summary
Property Type Detached

More like this:
Community Downtown
Price History

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Detailed Information
Bedrooms 4+1
Bathrooms 2
Amenities Nearby Playground, Schools, Shopping
Features See remarks
Listing Contract Date 2024-11-14
Municipal ID 0011209822
Ownership Type Freehold
# of Parking Spaces 6
Plan 2590NY
Property Type Single Family
Structures See Remarks
Transaction Type For sale
Zoning Description SCL1
Building
Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate entrance
Basement Type Full (Finished)
Constructed Date 1967
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Flooring Type Linoleum, Vinyl
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Total Finished Area 1055.49 sqft
Type House
Rooms
Room Level Dimensions Notes
KitchenBasement11.83 Ft x 15.67 Ft
Recreational, Games roomBasement12.75 Ft x 10.25 Ft
DenBasement10.75 Ft x 5.83 Ft
4pc BathroomBasement.00 Ft x .00 Ft
BedroomBasement9.50 Ft x 9.50 Ft
Laundry roomBasement6.50 Ft x 6.17 Ft
KitchenMain level9.17 Ft x 11.25 Ft
4pc BathroomMain level.00 Ft x .00 Ft
BedroomMain level9.00 Ft x 8.92 Ft
BedroomMain level9.00 Ft x 8.92 Ft
Dining roomMain level9.17 Ft x 8.08 Ft
Living roomMain level16.08 Ft x 18.25 Ft
Primary BedroomMain level12.33 Ft x 9.92 Ft
BedroomMain level11.58 Ft x 11.50 Ft
Parking Spaces
Name Spaces
Concrete
Parking Pad
Land
Total Size 7600.22 square feet
Amenities Playground, Schools, Shopping
Fence Type Fence
Size of Irregular Land 7600.22

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